The equity market recovered from yesterday’s slump as investors gained N220 billion by the end of trading on Thursday. This follows the soaring prices of shares such as Eterna, NPF Microfinance Bank, and Premier Paints on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 196,807.15 points from 196,463.22 points on the previous trading day. After five …
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Top 10 stories from all Nigerian Newspapers, Tuesday, March 3
Here are the top ten stories from across the country. 1. Dangote refinery increases ex-depot price of petrol to N875 amid surge in crude oil prices Dangote Oil Refinery has increased the gantry price of Premium Motor Spirit (PMS) by N101, pushing the ex-depo rate from N774 to N875 per litre, a move that is expected to impact the national …
Read More »Nigeria’s net reserves jumped 772% to $34.8 billion as Cardoso credited policy reforms
Nigeria’s foreign exchange reserves recorded a sharp increase by the end of 2025, with net reserves reaching $34.80 billion, according to Central Bank Governor Olayemi Cardoso. In a statement issued by the CBN on Monday, Cardoso explained that gross and net reserves showed “significant increases by the end of 2025, reflecting stronger external sector fundamentals and ongoing policy reforms.” He …
Read More »Nigeria moves towards state policing as IGP Disu launches reform committee
The newly confirmed Inspector General of Police, Tunji Disu, on Wednesday, inaugurated a committee to develop a framework for the establishment of state police forces in Nigeria. The move follows President Bola Tinubu’s call for constitutional amendments to decentralize the police, which he said would improve grassroots community security and improve rapid response to threats. Speaking at the inauguration, Disu …
Read More »Top 10 stories from all Nigerian Newspapers, Thursday, March 5
Here are the top ten stories from across the country. 1. The trial of former AGF Malami’s son has been postponed until March 10 The Federal High Court in Abuja on Tuesday postponed the alleged terrorism trial of former Attorney General of the Federation, Abubakar Malami, and his son, Abdulaziz, until March 10, 2026.Read more 2. 2027: INEC reviews party …
Read More »Top 10 stories from all Nigerian Newspapers, Wednesday, March 4
Here are the top ten stories from across the country. 1. Governor Fintiri supports rotating presidency, opposes competition in North Korea in 2027 Adamawa State Governor, Ahmadu Fintiri, has voiced strong support for the principle of a rotating presidency ahead of the 2027 elections, and emphasized that it is now South Korea’s turn to lead.Read more 2. Former deputy governor …
Read More »NGX: Equity market slumps as investors lose N101 billion
The Nigerian equity market stalled its bullish run as investors lost N101 billion at the end of trading on Wednesday. This follows a plunge in the prices of shares such as Jaiz Bank, Dangote Sugar and Cap among others on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 196,463.22 points from 196,621.96 points on the previous trading …
Read More »NERC directed DisCos to refund N20.33 billion to customers within 12 months
The Nigerian Electricity Regulatory Commission (NERC) has ordered electricity distribution companies (DisCos) to refund N20.33 billion to customers who paid for meters under the Meter Asset Provider (MAP) scheme but are yet to be fully reimbursed. In the new directive, the regulator instructed that outstanding amounts must be recovered and repaid in full to affected customers over a 12-month period …
Read More »Governor Fintiri supports a rotating presidency and opposes competition in North Korea in 2027
Adamawa State Governor Ahmadu Fintiri has voiced strong support for the principle of a rotating presidency ahead of the 2027 elections, and stressed that it would be South Korea’s turn to lead. Speaking on Channels Television’s Sunrise Daily on Tuesday, Fintiri stated: “There is no business for anyone in the north to hold the office of president at the moment. …
Read More »NGX: Equity markets continue to recover, investors gain N710 billion
The equity market continued to recover as investors gained N710 billion at the end of trading on Tuesday. This follows a surge in share prices, including shares such as Sunu Assurance, UACN and Oando on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 196,621.96 points from 195,514.23 points on the previous trading day. After five hours …
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